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An exciting opportunity awaits with the sale of 23 Monument Square, a downtown Urbana building that offers nearly 4,800 square feet across three floors plus a full basement. The building provides outstanding flexibility for future growth and additional income opportunities. The second floor is currently leased ($700 per month) to a business but could easily be converted into an owner-occupied apartment or additional rental space. The third floor presents a blank canvas ready for expansion, private events, office space, or the next owner's creative vision. Included with the sale is Abuela's Kitchen, a well-established Latin American restaurant and bar that has become a favorite gathering place within the community. This turnkey business offers the chance to step into a successful operation with an established customer base, strong local reputation and a welcoming atmosphere that keeps guests coming back time and time again. The dining space is designed to accommodate everything from casual dinners to larger celebrations, creating an atmosphere that feels both warm and memorable. The building is fully equipped with a spacious commercial kitchen, prep areas, dining furnishings, décor, equipment, inventory, and operational essentials, making the transition seamless for a new owner. Additional income opportunities are available through the established carryout and catering operations. Included in the sale are D5L and D6 liquor licenses, allowing continued bar service and entertainment potential. With excellent visibility, this opportunity offers a rare chance to own a downtown Urbana building with an established restaurant and unlimited potential for future success. Continue to run an already successful business or with everything already in place, make it your own by starting an entirely new restaurant.

An exciting opportunity awaits with the sale of 23 Monument Square, a downtown Urbana building that offers nearly 4,800 square feet across three floors plus a full basement. The building provides outstanding flexibility for future growth and additional income opportunities. The second floor is currently leased ($700 per month) to a business but could easily be converted into an owner-occupied apartment or additional rental space. The third floor presents a blank canvas ready for expansion, private events, office space, or the next owner's creative vision. Included with the sale is Abuela's Kitchen, a well-established Latin American restaurant and bar that has become a favorite gathering place within the community. This turnkey business offers the chance to step into a successful operation with an established customer base, strong local reputation and a welcoming atmosphere that keeps guests coming back time and time again. The dining space is designed to accommodate everything from casual dinners to larger celebrations, creating an atmosphere that feels both warm and memorable. The building is fully equipped with a spacious commercial kitchen, prep areas, dining furnishings, décor, equipment, inventory, and operational essentials, making the transition seamless for a new owner. Additional income opportunities are available through the established carryout and catering operations. Included in the sale are D5L and D6 liquor licenses, allowing continued bar service and entertainment potential. With excellent visibility, this opportunity offers a rare chance to own a downtown Urbana building with an established restaurant and unlimited potential for future success. Continue to run an already successful business or with everything already in place, make it your own by starting an entirely new restaurant.

23 Monument Sq, Urbana

Located in the heart of Downtown Urbana, the Dr. Adam Mosgrove House at 127 Miami Street is a nationally recognized historic landmark built in 1833 and listed on the National Register of Historic Places. Zoned B-3, this Federal-style brick, two-and-a-half-story apartment building features five one-bedroom apartments with shared main-level laundry for tenant convenience, an unfinished top-floor unit with expansion potential, and an additional vacant lot, along with a walk-out lower-level commercial unit addressed as 109 W Walnut Street, currently occupied by a plumbing business that has operated at this location for 72 years. The additional parcel# 109 S Walnut St, Parcel # K48-25-00-01-16-028-00, Legal Description: RTS 00-00-00 __ ORIGINAL PLAT SW PT LOT 50

5 Beds ⋅ 7 Baths ⋅ 1043434 MLS

Located in the heart of Downtown Urbana, the Dr. Adam Mosgrove House at 127 Miami Street is a nationally recognized historic landmark built in 1833 and listed on the National Register of Historic Places. Zoned B-3, this Federal-style brick, two-and-a-half-story apartment building features five one-bedroom apartments with shared main-level laundry for tenant convenience, an unfinished top-floor unit with expansion potential, and an additional vacant lot, along with a walk-out lower-level commercial unit addressed as 109 W Walnut Street, currently occupied by a plumbing business that has operated at this location for 72 years. The additional parcel# 109 S Walnut St, Parcel # K48-25-00-01-16-028-00, Legal Description: RTS 00-00-00 __ ORIGINAL PLAT SW PT LOT 50

127 Miami St, Urbana

Opportunity awaits with this classic fixer-upper full of charm and character, just waiting for your vision and personal touch. Bring your handyman and decorating skills and transform this older home into something truly special. Offering nearly 1,600 square feet of living space, this 3-bedroom, 1.5-bath home provides a solid foundation and timeless features that make it well worth the effort. A covered front porch welcomes you into the home, leading to a foyer highlighted by an open staircase that showcases the home's original style. Off the foyer, you'll find a spacious living room that flows into the dining room, creating a traditional layout ideal for gatherings. The kitchen offers a good amount of cabinetry and connects to a family room at the rear of the main level, providing additional living space. A convenient half bath completes the first floor. Upstairs, you'll find three bedrooms, some featuring walk-in closets, along with a full bath. The home also includes a full basement, offering plenty of space for storage. Outside, the oversized backyard provides room to relax, garden, or entertain. Additional features include a 2-car detached garage with alley access, as well as a small front driveway for off-street parking. The home is being sold as-is, with no repairs to be made by the seller, and is priced accordingly. Please note that everything currently in the home at the time of showing will remain. This is a great opportunity for investors or for buyers looking to make a home their own.

3 Beds ⋅ 2 Baths ⋅ 1044512 MLS

Opportunity awaits with this classic fixer-upper full of charm and character, just waiting for your vision and personal touch. Bring your handyman and decorating skills and transform this older home into something truly special. Offering nearly 1,600 square feet of living space, this 3-bedroom, 1.5-bath home provides a solid foundation and timeless features that make it well worth the effort. A covered front porch welcomes you into the home, leading to a foyer highlighted by an open staircase that showcases the home's original style. Off the foyer, you'll find a spacious living room that flows into the dining room, creating a traditional layout ideal for gatherings. The kitchen offers a good amount of cabinetry and connects to a family room at the rear of the main level, providing additional living space. A convenient half bath completes the first floor. Upstairs, you'll find three bedrooms, some featuring walk-in closets, along with a full bath. The home also includes a full basement, offering plenty of space for storage. Outside, the oversized backyard provides room to relax, garden, or entertain. Additional features include a 2-car detached garage with alley access, as well as a small front driveway for off-street parking. The home is being sold as-is, with no repairs to be made by the seller, and is priced accordingly. Please note that everything currently in the home at the time of showing will remain. This is a great opportunity for investors or for buyers looking to make a home their own.

542 S Walnut St, Urbana